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New law goes into effect requiring companies to be transparent about salary

It is known as the Pay and Benefit Transparency Act.

Jim Murdoch

Jun 2, 2025, 9:27 PM

Updated yesterday

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If you’ve ever applied for a job in New Jersey, there’s a good chance you never knew what it paid until far along in the hiring process.
But as of June 1, a new law is now on the books that requires most businesses to tell you a range of what you can expect to be paid. It is known as the Pay and Benefit Transparency Act.
“I’ve been applying for a lot of jobs recently, and really a lot of them don’t tell you. They just say they pay you, but it doesn’t give you any specifics, really,” said Drew Schuley, a sophomore at the University of Scranton.
For this group of incoming and returning college students, learning that they will now see how much they could make before applying for that job just makes sense.
“If I’m getting paid less for the job I already have, then I would have just not taken the interview,” said Dane Fordahl, an incoming Temple University freshman.
“I’m hoping with this thing officially being written down that it will help a lot of people in my situation,” said Michael Diaz, an incoming Montclair State University freshman.
That’s precisely the goal of the Pay and Benefit Transparency Act, says state Sen. Paul Moriarty, a sponsor of the bill.
“This kind of transparency is going to lead to higher salaries for people. That’s what it’s going to do,” said Moriarty, a Democrat serving parts of Camden, Gloucester and Atlantic counties.
Signed by Gov. Phil Murphy last November, the new law states that all businesses with 10 or more employees:
  • Must publish/post salary range or hourly wage range for open positions
  • Must provide descriptions of benefits for first-year employees
  • Must notify current employees of other available positions
  • Must share the required information on job sites, listings, emails, and advertising.
“At the end of the day, what is employment all about? It’s about, ‘How much are you going to pay me and what kind of benefits am I going to get?’ Why is that the last thing we talk about? Let’s get that out first,” Moriarty said.
Companies failing to comply could face fines.